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For a perfectly competitive firm,STC=100+20q^2 and SMC=20+2q. If the market price is equal to 42, what is the profit the firm earns in the short-run?

For a perfectly competitive firm,STC=100+20q^2 and SMC=20+2q. If the market price is equal to 42, what is the profit the firm earns in the short-run?

  • A.2
  • B.10
  • C.0
  • D.22

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